62 Welch St is a 2,552 square foot house on a 9,148 square foot lot with 5 bedrooms and 2 bathrooms. Based on Redfin's Portland data, we estimate the home's value is $1,037,026.
Single-familyProperty Type
1864Year Built
9,148 sq ftLot Size
$406Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,037,026
$4,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.8% higher than the average sale price ($911K) of 6 comparable homes.
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Earn from this home
Sell
$975,416
Est. take-home
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Rent
$3,450/mo
Redfin rental estimate
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Market trends in 04108, ME
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
96.6%
+1.1% MoM
Median sale price
$612K
$48K MoM
Avg. days on market
32d
39 days MoM
Recently sold homes
7
0 MoM
Provided by Redfin
Sale history for 62 Welch St
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$9,220
$211,200 + $558,400
$769,600
Tax history for 62 Welch St
Year
Property tax
Land + Additions
Assessment*
2025
$9,220
$211,200 + $558,400
$769,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
IR-2
Island Zone
To provide for a residential neighborhood environment on Portland’s islands in areas with adequate public services. Expansion or extension of IR-2 zoning should be limited, generally focused toward areas adjacent toexisting IR-2 areas, and restricted by such factors as adequacy of access, whether adequate water will be available for private use and for fire protection, whether soils in the area are adequate for subsurface water disposal, or whether public sewers are available. Select nonresidential uses may also be permitted in the IR-2 zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Public service
Park & open space
Property details
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Electric
Room Information
# of Rooms: 10
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Old
Exterior Wall: Wood Siding/Shingle
Property Information
Subdivision Name: PEAKS ISLAND
Living Sq. Ft: 2,552
Gross Sq. Ft: 2,552
# of Units: 1
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,148
Legal Lot Number: 54
Municipality Name: PORTLAND CITY
Acres: 0.21
State Use Description: 1-FAMILY RESIDENCE
Utility Information
Sewer Type: Septic
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 2,552
Stories: 2.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1864
Year Renovated: —
County: Cumberland County
APN: 7515146S
Home facts updated by county records on Sep 10, 2026
Around this home
Schools
K - 12
Preschool & daycare
Peaks Island School
Public PreK-5 • Assigned • 0.4mi
8/10
Deering High School
Public 9-12 • Assigned • 5.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 19 days in 30 years
6/10 Wind Factor
71% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04108
Average low and high temperatures (°F)
31
19
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19
43
31
49
39
59
49
70
58
75
63
73
60
68
56
59
47
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$986,000 – $1.19M
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